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Bullboard - Stock Discussion Forum TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals
TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in... see more

Bullboard (TSX:TMR)

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Post by Goldtraderon Feb 10, 2021 5:52am

No MONEY

stupid Agnico deal
133
Comment by Goldtraderon Feb 08, 2021 11:52am

RE:Cash deposited end of day Friday February 5

we don#t had the money - its a steel deal is not fine art.
91
Discussion
Post by 15Stanmoreon Feb 06, 2021 2:23pm

Cash deposited end of day Friday February 5

Arrived too late to deposit to my line of credit, so will not benefit from reduced interest until Monday. Oh well, cannot complain given the realized gain on this transaction. Cheers.
155
Discussion
Comment by 15Stanmoreon Feb 04, 2021 1:14pm

RE:RE:Anyone seen their cash yet?

Effective February 2, 2021 Agnico Eagle transferred cash to shareholders and now owns all the outstanding shares of TMAC. The cash was transferred to the "intermediaries": all the brokers ...more  
187
Discussion
Comment by Goldtraderon Feb 04, 2021 6:54am

RE:RE:Anyone seen their cash yet?

I dont ged it  in germany
105
Discussion
Comment by TwelveBaggeron Feb 03, 2021 11:42am

RE:Anyone seen their cash yet?

Should it just be transferred to cash in our portfolio? Mine is still shown as being held in TMAC
109
Discussion
Post by 15Stanmoreon Feb 02, 2021 10:21am

TMAC deal closed today

Looks like we are done. Nice chatting with everyone. Good luck on your next deal! Cheers, S PS: Last one to leave the board please turn off the lights.
161
Comment by Bookendson Feb 01, 2021 7:54am

RE:Why buy TMAC at $2.20 today?

I play merger/arbs very frequently. This type of trading is not uncommon when there is no spread left. I think it's more related to short covering or something technical related to brokerages than ...more  
166
Discussion
Comment by Goldtraderon Jan 30, 2021 3:04pm

RE:RE:RE:Why buy TMAC at $2.20 today?

Hi 15Stanmore I'm also holding on to my 15K shares and waiting for now. I suspect we could fall and then get a better offer. I do not need the money, I have my XTIERRA ( XAG.V ) and Metalla ( MTA ...more  
144
Discussion
Comment by 15Stanmoreon Jan 26, 2021 5:39pm

RE:RE:Why buy TMAC at $2.20 today?

Hello Goldtrader, I too believe that TMAC is worth more than $2.20 per share on a 100% takeover, but unfortunately we do not have much say in the matter. I will hold on to my 125,000 shares until ...more  
208
Discussion
Comment by Goldtraderon Jan 25, 2021 11:00am

RE:Why buy TMAC at $2.20 today?

Hi, I think that the takeover price is not fair. The values are certainly many times higher. If you think about it, TMAC has invested hundreds of mil dollars. The board that TMAC has put together is ...more  
176
Discussion
Post by 15Stanmoreon Jan 23, 2021 10:56am

Why buy TMAC at $2.20 today?

With court approval now in hand, it would appear that the Angico Eagle takeover of TMAC will proceed, with the $2.20 cash payout per share targeted for February 2, 2021. This then begs the question ...more  
325
Discussion
Comment by Wisedreameron Jan 13, 2021 2:36pm

RE:TMAC CEO Bonus

You make a good point!  Thank you.  Hope boards take this into account!
197
Discussion
Post by 15Stanmoreon Jan 12, 2021 10:25am

TMAC CEO Bonus

Under the Change of Control provisions of his employment contract CEO Jason Neal will be paid $5.8 million as a result of the sale TMAC to Angico Eagle at $2.20 . He would have been paid the same if ...more  
308
Discussion
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